What is the length of the initial franchise term for a Bumble Roofing franchise?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement or Other Agreement | Summary |
|---|---|---|
| a. Length of the Franchise Term | Section 3 of Franchise Agreement | Franchise Agreement: 7 years. |
| b. Renewal or extension of the term | Section 3 of Franchise Agreement | If you wish to do so, and you satisfy all of the preconditions to obtaining a Successor Franchise, we will offer you the right to obtain an additional term of for a period of time equal to our then-current initial term (but no less than 5 years). |
| c. Requirements for franchisee to renew or extend | Section 3 of Franchise Agreement | Renewal means obtaining the right to operate the Business for another term. Requirements to renew include: sign our then-current successor franchise agreement ("Successor Franchise Agreement") for the Successor Term, and this new Franchise Agreement may have materially different terms and conditions (including, e.g. higher royalty and advertising contributions) from the Franchise Agreement that covered your original term, be current in all payments, not have committed 2 breaches in the 12 months before the end of the term, sign release, pay renewal fee, meet our qualifications for new and renewing franchisees, provide n |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 43–45)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the initial franchise term is 7 years, as detailed in Section 3 of the Franchise Agreement. This means that a new franchisee will operate their Bumble Roofing business under the terms of the Franchise Agreement for a period of 7 years before needing to consider renewal.
At the end of the initial 7-year term, Bumble Roofing offers the opportunity for a renewal term. To obtain a renewal, the franchisee must meet certain preconditions and sign the then-current successor franchise agreement. The renewal term will be equal to the then-current initial term, but no less than 5 years.
It's important to note that the terms and conditions of the successor franchise agreement may differ significantly from the original agreement, potentially including higher royalty and advertising contributions. The franchisee must be current on all payments, have not committed 2 breaches in the 12 months before the end of the term, sign a release, pay a renewal fee, and meet Bumble Roofing's qualifications for new and renewing franchisees.